IRON ORE DAILY: Seaborne prices slide further amid declining futures

August 02, 2019 / www.metalbulletin.com / Article Link

Seaborne iron ore prices fell on Thursday August 1, tracking a downtrend in the futures market.

Fastmarkets' index for iron ore 62% Fe fines, cfr Qingdao: $115.68 per tonne, down $1.47 per tonne. Fastmarkets' index for iron ore 62% Fe Pilbara Blend Fines, cfr Qingdao: $114.18 per tonne, down $1.47 per tonne. Fastmarkets' index for iron ore 62% Fe low alumina fines, cfr Qingdao: $115.88 per tonne, down $2.46 per tonne. Fastmarkets' index for iron ore 58% Fe fines high-grade premium, cfr Qingdao: $106.53 per tonne, down $1.31 per tonne.Fastmarkets' index for iron ore 65% Fe Brazil-origin fines, cfr Qingdao: $123.50 per tonne, down $2.90 per tonne.Fastmarkets' index for iron ore 62% Fe fines, fot Qingdao: 883 yuan per wet metric tonne (implied 62% Fe China Port Price $118.79 per dry tonne), down 13 yuan per...

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